If you've been looking at interest-bearing accounts like high-yield savings accounts or certificates of deposit (CDs), you may see the terms "interest rate" and "annual percentage yield" (APY ...

Since the Federal Reserve started cutting interest rates in September, savings rates have taken a hit. And despite the latest ...

Online savings account interest rates have come down a bit. But they're still far higher than the alternative. Here's what ...

See how we rate banking products to write unbiased product reviews.In its September meeting, the Federal Reserve cut interest ...

Because APY includes both the interest rate and the bank’s interest-compounding policy, this number provides you with an easy way to compare two different accounts and understand which one will ...

“A bank has more power and control over the interest rate or the APY that they offer,” Walsh said. “So, in theory, a bank could keep that APY higher, even after the Fed starts cutting rate ...

Despite the Fed's rate cut last week, the nation's best high-yield savings accounts still include nine options that let you ...

The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...

Here are the most important factors to look at when comparing different options. APY is the interest rate you’ll earn over a full year, expressed as a percentage. It’s essentially the growth ...

This can eat into your interest and possibly even your ... The top savings APY has been outpacing the rate of inflation since March 2023. As such, it’s a good time for savers, as long as the ...

Ally also notes that the APY it publishes related to savings accounts is variable. That means it may change with the market once you open your account. You can typically check the interest rate on ...

Here’s a look at some of the top federally insured high-yield savings accounts available today that currently offer 5.00% APY and higher. Note that interest rates, fees, and requirements are ...